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20110930
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CBS
Sep 5, 2011 5:00am PDT
. this morning, we will head to detroit michigan where the unemployment rate is a staggering 14.1%. 5% above the national average. >> we need to put our differences aside. and do the right thing for our economy. >> the trip comes on the heals of the weakest job report in almost a year and just as the election season kicks into full swing. >> we have zero confidence, zero faith in the president. >> in new hampshire last night, former massachusetts governor mitt romney tried to convince a tea party crowd he can fix the economy. >> we have last month zero job creation. look, a shutout is okay in baseball. it is not good when you're talking about jobs. >> romney will unveil his jobs proposal in nevada on tuesday. but he is not the only one with the plan. president obama will unveil his on thursday, while other g.o.p. hopefuls are are also working on their ideas. >> the principals that i adopt are permanent fixes, rather than temporary gimmicks like we've seen from the president. >> minnesota congress woman michele bachmann is proposing reducing the corporate tax rate to 20%. former utah g
CBS
Sep 14, 2011 5:00am PDT
to the government. republicans fred upton of michigan and cliff stearns of florida issued this joint statement yesterday: "with taxpayers potentially on the hook for this half billion- dollar bust, it's time to sound the alarm about the remaining $10 billion in loan guarantees set to expire september 30." here's a quick timeline now. back in september 2009, solyndra secured this loan guarantee from the department of energy. in march last year, the company's auditor pricewaterhousecoopers said it had quote substantial doubt about solyndra's ability to continue. just two months later though president obama visited solyndra touting it as the model for clean tech business. this past february, though, there was a restructuring of the deal with the department of energy and then last month the company suddenly announced its shutdown, laying off 1100 workers and filing for bankruptcy. so a lot going on here. you know, the top two executives here the ceo and the cfo of solyndra were invited to be in front of the panel this morning but said they could not go because they are wrapped up i
Search Results 0 to 1 of about 2